Navya and Beatriz Are Looking at the Cans of Coffee

question 146

Multiple Choice

Navya and Beatriz are looking at the cans of coffee on display at a local supermarket.They are trying to decide which of two different-sized cans is the better buy.Navya attempts to divide the price of each can by the number of ounces of coffee each contains.Beatriz suggests that "the larger size is usually a better buy."Navya is using a(n) ___; Beatriz,a(n) ___.

• A) heuristic; algorithm
• B) algorithm; heuristic
• C) schema; algorithm
• D) heuristic; schema

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Definitions:

Operating Activities

Transactions and other events that affect the net income of a business, relating to its principal revenue-producing operations.

Statement of Cash Flows

A financial report that summarizes the amount of cash and cash equivalents entering and leaving a company.

Quick Ratio

A liquidity indicator that measures a company's ability to meet short-term obligations with its most liquid assets.

Fixed Charge Coverage

A financial ratio that measures a firm's ability to cover its fixed charges, such as interest and leases, with its earnings before interest and taxes (EBIT).